TUGA INNOVATIONS INC. Total Assets
TUGA INNOVATIONS INC. total assets. Based on the latest financial reports, TUGA INNOVATIONS INC. (DQ5) holds total assets worth €54.39K EUR (≈ $63.59K USD) as of April 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see DQ5 company net worth for the company's overall valuation and market capitalisation.
Total Assets of TUGA INNOVATIONS INC. (2021–2024)
Total assets of TUGA INNOVATIONS INC. from 2021 to 2024. This chart illustrates how TUGA INNOVATIONS INC.'s total assets have evolved over time, based on quarterly financial data. See DQ5 stock price for real-time trading data and today's change.
TUGA INNOVATIONS INC. - Asset Composition Analysis
TUGA INNOVATIONS INC. Total Assets Breakdown (July 2024)
TUGA INNOVATIONS INC. total assets breakdown as of July 2024. TUGA INNOVATIONS INC.'s total assets of €54.39K consist of 42.4% current assets and 57.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 14.6% |
| Accounts Receivable | €19.48K | 27.2% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €12.36K | 17.3% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how TUGA INNOVATIONS INC.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore how liquid is TUGA INNOVATIONS INC.'s working capital to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TUGA INNOVATIONS INC.'s current assets represent 42.4% of total assets in 2024, a decrease from 97.7% in 2021.
- Cash Position: Cash and equivalents constituted 14.6% of total assets in 2024, down from 96.2% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 17.0% of total assets, an increase from 2.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 27.2% of total assets.
TUGA INNOVATIONS INC. Competitors by Total Assets
Key competitors of TUGA INNOVATIONS INC. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
BYD Co Ltd Class A
SHE:002594
|
China | CN¥902.08 Billion |
|
Rivian Automotive Inc
NASDAQ:RIVN
|
USA | $15.14 Billion |
|
SAIC Motor Corp Ltd
SHG:600104
|
China | CN¥937.95 Billion |
|
LI AUTO INC. (SP.ADR)/2
F:L87A
|
Germany | €154.30 Billion |
|
Chongqing Sokon Ind Grp Co
SHG:601127
|
China | CN¥121.51 Billion |
|
Loncin Motor Co Ltd
SHG:603766
|
China | CN¥17.67 Billion |
|
BAIC Motor Corp Ltd
F:2B5
|
Germany | €166.51 Billion |
|
Bajaj Mobility AG
VI:BMAG
|
Austria | €1.59 Billion |
TUGA INNOVATIONS INC. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.01 | 0.02 | 0.02 |
| Quick Ratio | 0.01 | 0.02 | 0.02 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-1.80 Million | €-1.45 Million | €-1.45 Million |
TUGA INNOVATIONS INC. - Advanced Valuation Insights
This section examines the relationship between TUGA INNOVATIONS INC.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 8.64 |
| Latest Market Cap to Assets Ratio | 4.16 |
| Asset Growth Rate (YoY) | -59.3% |
| Total Assets | €71.54K |
| Market Capitalization | $297.55K USD |
Valuation Analysis
Premium Asset Valuation: The market values TUGA INNOVATIONS INC.'s assets at a significant premium (4.16x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: TUGA INNOVATIONS INC.'s assets decreased by 59.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TUGA INNOVATIONS INC. (2021–2024)
The table below shows the annual total assets of TUGA INNOVATIONS INC. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-07-31 | €71.54K ≈ $83.64K |
-59.26% |
| 2023-07-31 | €175.61K ≈ $205.30K |
-82.53% |
| 2022-07-31 | €1.00 Million ≈ $1.17 Million |
+104.92% |
| 2021-07-31 | €490.41K ≈ $573.34K |
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About TUGA INNOVATIONS INC.
TUGA Innovations, Inc., a development-stage electric vehicle company, engages in the conception, design, and production of specialized electric vehicles in the United States. The company is developing a three-wheeled fully electric fore-and-aft 2 seat commuter vehicle. It intends to offer its vehicles for commuter, delivery, taxi, rental, and ride share markets. TUGA Innovations, Inc. was founded… Read more